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Reading: Stephen Colbert Cancellation is a Consequence of Capitalism, Dave Portnoy Says
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Stephen Colbert Cancellation is a Consequence of Capitalism, Dave Portnoy Says
The Tycoon Herald > Entertainment > Stephen Colbert Cancellation is a Consequence of Capitalism, Dave Portnoy Says
Entertainment

Stephen Colbert Cancellation is a Consequence of Capitalism, Dave Portnoy Says

Tycoon Herald
By Tycoon Herald 3 Min Read
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Dave Portnoy
‘Smug’ Stephen Colbert’s Present Was Shedding Tens of millions …
Of Course CBS Canceled It!!!

Printed July 19, 2025 12:54 PM PDT


Dave Portnoy‘s not sorry to see Stephen Colbert‘s present ending … declaring that is simply capitalism at work — lose thousands and thousands, discover a new job!

The Barstool Sports activities founder took to X Saturday to fireplace off about CBS’ cancellation of “The Late Show with Stephen Colbert” … calling out Senators Elizabeth Warren and Bernie Sanders — amongst others — for claiming Paramount was politically motivated to present him the axe.

CBS canceled Colbert’s present simply THREE DAYS after Colbert referred to as out CBS guardian firm Paramount for its $16M settlement with Trump – a deal that appears like bribery.

America deserves to know if his present was canceled for political causes.

Watch and share his message. pic.twitter.com/Rz7HcWFLYM

— Elizabeth Warren (@SenWarren) July 18, 2025
@SenWarren

ICYMI … Colbert went after his personal community in his monologue early this week — likening a $16 million lawsuit settlement over a “60 Minutes” interview President Donald Trump claimed was deceptively edited to a “big, fat bribe.” A transfer Dave says is simply pure “arrogance.”


CBS introduced it was canceling the present days later, main some to marvel if the 2 occasions are linked.

Portnoy says if an worker at Barstool disrespected him on air AND if that worker’s present was dropping thousands and thousands of {dollars} — Reuters experiences the present misplaced $40 million final 12 months — he’d scrap the challenge and host in a heartbeat.


071825_tmz_live_colbert

TMZ.com

Dave factors out the decline in late-night viewership … arguing it is costlier and fewer watched than most podcasts at Barstool — so, it simply does not make fiscal sense to maintain it going.

Whereas Portnoy says he has a ton of respect for late-night speak exhibits — his dad’s an enormous David Letterman fan — he does admit he isn’t a Colbert man … and hasn’t loved his work since he left Comedy Central.


071825_stephen_colbert_kal

CBS

BTW … Colbert delivered the information that he is out after this upcoming season to followers — and he was extra complimentary of the community than he had been beforehand, so we’ll have to attend and see if he takes extra pictures at Paramount or lets sleeping canines lie over the subsequent 12 months.

Both approach, followers can decry CBS’ transfer all they need … Portnoy says it simply is smart moneywise.

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